Archive for the ‘Commercial Finance’ Category
It appears that the big banks that were once appeared to be on the sidelines during 2009 and 2010 are now back in the game. Both TD and RBC are aggressively pursuing more business in the form of lending to Calgary Industrial’s owner occupants. Talk to as many lenders as possible to determine who can best service your needs.
You want your property to project a professional, reassuring image that promises no surprises. Another advantage of this approach is that it will allow conditional periods to be shorter.
All these things should bring you a faster sale and a premium price.
If you are a Landlord you may expect from time to time to have to engage in some form of battle with your tenants. But what about the secured lenders? In commercial premises, the tenant may have acquired some of the chattels by financing them. Most of the time, the lender will take something as security.